In January 2020, just before the Covid-19 pandemic began to sweep across the U.S., domestic oil production was 12.8 million barrels per day (BPD). Production remained at that level for a couple of months despite the double-whammy of a price war between Saudi Arabia and Russia, and growing demand destruction as a result of the Covid-19 pandemic.
But the situation was untenable. The price of oil eventually fell to zero and then kept going. That forced some producers into bankruptcy, resulting in the largest short-term oil production drop in U.S. history.
Spanjaard Engine Cleaner is a heavy duty emulsifiable solvent cleaner. It will dissolve oils, greases and other soils and emulsify them so that they can then be easily rinsed off with water.
The energy crunch in Europe and Asia and record-high natural gas and coal prices add more arguments to the bullish case for oil in coming months as a switch from gas to oil products such as fuel oil and diesel, especially in Asia, is already underway.
Oil prices appear to have found much-needed support and holding above the psychologically important level of $80/barrel just days after a surprise crude build threatened to derail the bull camp. Oil prices are now up more than 60% in 2021, while U.S. natural gas prices have jumped 131% over the timeframe.
Several factors can lead to an abbreviated life of the timing chain, with the majority related to lubrication. These would include extending the vehicle’s oil change frequency beyond the acceptable service life of the lubricant.
BREAKING NEWS : NATURAL GAS PRICES PLUNGE AS PUTIN PROMISES MORE SUPPLY
Putin took the opportunity to blame the high natural gas prices on Europe. What's more, Putin blamed Europe's energy market crisis on the green transition. Putin also used the phrases ''unbalanced decisions'' and ''drastic steps'' when referring to how the transition away from fossil fuels and toward renewable energy was being handled.
Properly storing your grease and grease guns is vital to achieving longevity from your lubricant. It is also essential to keep all your lubricants clean, cool and dry, with cleanliness often the most difficult to accomplish.
Click link below to know the best practices for storing and using grease gun :
UK Defence Secretary Ben Wallace said the fuel crisis is abating, and signs of stabilization were materializing. Armed Forces are there to fill in any critical vacancies and help keep the country on the move by supporting the industry to deliver fuel to forecourts.
Spanjaard Leather Treatment is a water based emulsion containing lanolin, carnauba waxes and leather fragrance to clean, protect and restore fine leather and plastic such as leather car seats, leather lounge suites, luggage, handbags,shoes and other leather goods.
BREAKING NEWS : 16 Percent Of Crude Oil Production In Gulf Of Mexico Still Offline
U.S. crude oil production dipped from 11.5 million bpd before Hurricane Ida hit, to 10 million bpd the following week. While oil production continues to come back online, it had only reached 10.6 million bpd on average for the week ending September 17.
Centralized lubrication systems are designed to deliver suitable volumes of lubricant, either oil or grease, to various locations on a machine at proper frequencies while the equipment is in service.
Although these systems offer several advantages, there are also notable drawbacks, including the possibility of equipment installation and application errors as well as fewer routine inspections of the components.
Lets see how to check lubricant flow in centralized lube systems :
Pin & Bush Grease is an extreme pressure, tacky lubricant specially developed for pins and bushes in earthmoving and industrial equipment, to resist lubricant displacement under high load, boundary conditions.
U.S. oil demand continues its upward trajectory—reaching a record high last week--while product inventories have fallen to the lowest levels in three years.
If the demand trend holds, oil prices have room to rise even more in the rest of the year, some analysts say.
Without proper lubrication, bearings seldom survive more than 5-10 percent of their potential service life. This is due to multiple factors like corrosion, heat, caustic elements and high shock loads.
These critical points include those bearing points that, if not provided the appropriate lubricant at necessary intervals, will cause the most extensive damage to equipment or present risks to plant personnel.
Click link below to see Advantages of the Latest Automatic Lube Systems
Gulf of Mexico operators are assessing the situation on offshore facilities, while Port Fourchon remained in Recovery Phase on Saturday, with work progressing to get the port back up and running. Operations were restricted for daylight only to ensure the safety of first responders. The port typically handles significant industry traffic from offshore Gulf oil platforms and drilling rigs as well as the Louisiana Offshore Oil Port pipeline.